Bang Si-hyuk, chairman of K-pop powerhouse HYBE, will be referred to the prosecution this week for possible indictment on suspicion of deceiving investors into selling their stakes in his company, police said Monday.
https://t.co/CFhatVrj31
Police to Refer Bang Si-hyuk to Prosecutors This Week for ‘Violations of the Capital Markets Act’
Head of the National Investigation Bureau:
“Chairman Bang Si-hyuk is on the verge of being referred to prosecutors, a decision on his custody status will be made at that time.”
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